Apr 23, 2013 4:00am PDT
it and forget it >> welcome back to the kron 4 morning news. the story i'm falling out of washington. tax-free shopping on the internet could be over under a bill making its way through the senate. the bill would require online retailer to collect data local taxes for purchases made over the internet. the sales taxes would be sent to the state where the shopper lives. >> under current law, states can only record store to collect sales taxes if the store has a physical presence in the state. as a result, many on-line cells essentially tax-free. even though you are supposed to declare those items on your state tax returns and pay the sales tax. very few americans do. the senate voted 74 to 20 as today to take up the bill. with the level of support, the senate to pass the bill as early as this week. >> >> we will take a break is 511 back with more in a moment. when we come back we will the full text of forecast. here's a look at san jose. the ride on 101 looking okay. temperatures outsider pretty good. 54 in san jose looking for near a [ male announcer ] fact: the 100% electric nissan leaf..
Apr 23, 2013 5:00pm PDT
or form. the supreme court said that if you do an internet transaction he did not have to collect taxes. for local government is a decision that will hopefully pool and $23 billion in state local taxes. there's pros and cons. i will still shop online, because i hate people. bipartisan support and the white house said if you pass it, we will approve it. it's more so the matter of when and not if. ming out wir quarterly earnings. >> they don't have a lot of competition. the department of justice have approved mergers that she wouldn't have thought would be passed. the roots are going to be more and more eliminated. they're charging full price and they're not discounting to come peak with one another. if you're an investor, i'm starting to look at them. >> was talk about five to nine plan. i agree with it for college or not. >> i would prefer that parents save for their own retirement first, but if you're wealthy and give max goes outhave maxed those out. 'a great way of saying--saving money passed deferred. i liked it but i prefer that to save it for yourself. 529 plans are really for the
Apr 22, 2013 5:00pm PDT
overwhelmingly to take up a bill that could impose sales tax on all internet sales. today's vote clears the way for debate and attempts later this week. it would then go to the house of representatives. the bill would exempt online retailers with less than a million a year in sales. >>> protesters in san francisco used the annual environmental event as a call to arms. [ drums beating ] >> at the epa's regional headquarters, a diversion crowd of demonstrators spoke out against a variety of problems. they criticized the investigation into last summer's richmond refinery fire and also protested against hydraulic fracking for natural gas. >> we're here to ask the epa to stop the expansion of the toxic wasteland filling our town. >> these people are really frustrated. many of them low-income minority folks from the bay area that feel like there's too much pollution in the neighborhoods. >> the protesters then marched to the state department offices where they stepped up their protests to civil disobedience. the epa administrator said 40 years after the first earth day, the planet is still hurting,